Home Depot reported a 4% drop in quarterly sales due to a slow real estate market. Full-year forecast expects total sales growth of 2.5-4.5% and EPS growth of flat to 4%. Despite this, Home Depot exceeded Wall Street’s Q4 expectations. The company attributes decline to consumer uncertainty and housing affordability concerns.

In Q4, Home Depot’s net income dropped to $2.57 billion with revenue falling to $38.20 billion. Comparable sales increased slightly, with average ticket prices rising. The company expects a turnaround as mortgage rates drop. Despite challenges, Home Depot remains stable and plans to open more stores this year.

Home Depot has faced challenges from higher tariffs and economic uncertainty, leading to price increases. The company is analyzing the impact of recent tariff rulings and proposed changes. Home Depot remains positioned to manage through any impacts. Pro sales have been stronger than DIY sales, with acquisitions boosting overall business.

Read more at CNBC: Home Depot (HD) Q4 2025 earnings